Archive for October, 2007

Top airline official disagrees with mergers

The director of China’s top aviation regulation body for the first time expressed “his personal view” opposing possible mergers among the country’s major state-owned carriers as “competition is essential to the market.”
“I personally disagree with the potential mergers and acquisitions between three major domestic carriers because the Chinese aviation market could not only hear one [...]

Boom in China’s coal industry draws interest from U.S. investors

As China’s appetite for coal is booming, U.S. investors and businesses are cashing in.
American pension and mutual fund money is being invested in the Chinese coal industry, which is lucrative but has a poor record for pollution and worker safety.
Look no further than China Shenhua Energy, the Beijing giant that produces about 170 million tons [...]

US investors, business eye China coal

As China’s appetite for coal is booming, American investors and businesses are cashing in.
American pension and mutual fund money is being invested in the Chinese coal industry.
The biggest Chinese coal company is China Shenhua Energy Co. of Beijing, which produces about 170 million tons of coal a year from 21 mines and builds power plants. [...]

CNMC invests US$100 mln in copper mine in Zambia

Non-ferrous China Africa, a subsidiary of the State-owned China Non-ferrous Metals Mining Corporation (CNMC) announced on Saturday that it has invested US$100 million in Chambishi copper mine in Zambia, reported China Daily.
The copper mine project, scheduled to be completed within three years, has an estimated copper reserve of 34 million tons with a copper grade [...]

Taiwan semiconductor output overtakes United States

The production capacity of Taiwan’s semiconductor industry this year is likely to account for 18 percent of the total global output, the first time it will have surpassed the United States to take second place in the world after Japan, an analyst from the Industrial Technology Research Institute (ITRI) said yesterday.
Peng Kuo-chu said that since [...]

Vietnamese PM Expects Further Cooperation

Vietnam is expecting entrepreneurs from both China and Vietnam to make greater efforts to promote trade, investment and economic cooperation in the Southeast Asian nation, the country’s Prime Minister Nguyen Tan Dung has said.
Vietnam has a good investment environment and traditional friendship with China, Vietnam’s biggest trade partner in the past three years, said Nguyen [...]

Page 7 of 90« First...«34567891011»...Last »